Australia media to see even more consolidation

I am generally interested in anything that goes against Rupert Murdoch and his interests but from the Aussies that I've talked with, I don't see how even more media consolidation is a good thing. Already Aussies complain that there is a lack of diversity with the media, with the overwhelming majority of the newspapers under the control of a few (conservative) people. In the US we already have experienced a lot of media consolidation and I would not consider that a positive, so seeing even more with overlap between all media outlets, would be even worse.

Any Aussies out there who have some local feedback for us?